Sanctions Alert Issue 25

15 August 2014
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DEBEVOISE EVENTS

  • Forthcoming Russia Sanctions Events Hosted by Debevoise

RUSSIA NEWS

  • Russia Restricts Agricultural Imports from US, EU, Canada, Australia and Norway
  • US Restricts Exports to Russia’s Energy Sector, Adds United Shipbuilding Corporation to Entity List
  • Canada Expands Russian and Ukrainian Sanctions
  • Ukrainian Parliament Enacts Sanctions Legislation
  • Switzerland Expands Russian “Watchlist”
  • Norway Announces Further Russian Sanctions

UK NEWS

  • UK Government Decides not to Proceed with “Contract Sanctions”
  • BIS Releases Detailed FAQs on Russian Sanctions

US NEWS

  • OFAC Revises and Clarifies “50% Rule”, Combines Ownership Interests of Different Blocked Persons
  • OFAC Expands Sudan General Licence for Academic Institutions
  • US Makes New Terrorism Designations Targeting Al-Nusrah and ISIL

UN NEWS

  • UN Adds Three Individuals to Afghanistan-Related Taliban Sanctions List

OTHER NEWS

  • FinCEN Issues Proposed Rules Enhancing Customer Due Diligence Requirements